On April 7, 2022, the Federal Government released their 2022 budget. Our article contains highlights of the various financial measures in this budget, divided into these sections:
• Housing
• Alternative minimum tax
• Dental care
• Small businesses
• Tradespeople
• Canada Growth Fund
• Climate
• Bank and insurer taxes
It’ll be time to file your 2021 taxes soon, and you must take advantage of every tax credit and deduction that you can. Our article includes information on a variety of subjects you need to know about, including what to do if you’ve had to repay COVID-19 benefits, how to plan ahead if you’re self-employed or retiring soon, and what you need to know if you have a home office or employer-provided benefits.
https://horizonfinancial.ca/wp-content/uploads/2022/04/2021-Tax-Tips-Featured-Image.jpeg281500Horizon Financialhttps://horizonfinancial.ca/wp-content/uploads/2019/12/horizonEnfold2.jpgHorizon Financial2022-04-01 13:46:592022-04-01 14:50:332021 Income Tax Year Tips
Getting into the world of business is a meticulous task, but so is getting out of it Whether you’ve just hit the ground running on your business or if you’ve been at it for a long time, there is no better time to plan your exit strategy than now.
https://horizonfinancial.ca/wp-content/uploads/2022/04/500x500-BUSINESS-SUCCESSION-coverImage.png500500Horizon Financialhttps://horizonfinancial.ca/wp-content/uploads/2019/12/horizonEnfold2.jpgHorizon Financial2022-04-01 06:00:002022-04-01 07:01:35Easy Exit: Business Succession in a Nutshell
What happens when the children grow up and they are no longer dependent on their parents? What happens to your other “baby”- the business? Estate planning for business owners deals with the personal and business assets.
https://horizonfinancial.ca/wp-content/uploads/2022/03/estatePlanningBO.jpg8101440Horizon Financialhttps://horizonfinancial.ca/wp-content/uploads/2019/12/horizonEnfold2.jpgHorizon Financial2022-03-03 06:00:002022-03-03 10:39:03Estate Planning for Business Owners
TFSAs and RRSPs can be significant savings vehicles. To help you understand their differences, we have put together this article to compare:
– TFSA versus RRSP – Differences in deposits
– TFSA versus RRSP – Differences in withdrawals
Understanding the differences between these two types of tax-advantaged accounts can help you better plan for future purchases and your eventual retirement.
https://horizonfinancial.ca/wp-content/uploads/2022/02/TFSA-vs-RRSP-2022.png281500Horizon Financialhttps://horizonfinancial.ca/wp-content/uploads/2019/12/horizonEnfold2.jpgHorizon Financial2022-02-01 07:00:002022-02-01 11:00:22TFSA versus RRSP – What you need to know to make the most of them in 2022
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2022 Federal Budget Highlights
/in Blog, Insurance, Investment/by Horizon FinancialOn April 7, 2022, the Federal Government released their 2022 budget. Our article contains highlights of the various financial measures in this budget, divided into these sections:
• Housing
• Alternative minimum tax
• Dental care
• Small businesses
• Tradespeople
• Canada Growth Fund
• Climate
• Bank and insurer taxes
2021 Income Tax Year Tips
/in Blog, tax/by Horizon FinancialIt’ll be time to file your 2021 taxes soon, and you must take advantage of every tax credit and deduction that you can. Our article includes information on a variety of subjects you need to know about, including what to do if you’ve had to repay COVID-19 benefits, how to plan ahead if you’re self-employed or retiring soon, and what you need to know if you have a home office or employer-provided benefits.
Easy Exit: Business Succession in a Nutshell
/in Blog, Business Owners/by Horizon FinancialGetting into the world of business is a meticulous task, but so is getting out of it Whether you’ve just hit the ground running on your business or if you’ve been at it for a long time, there is no better time to plan your exit strategy than now.
Estate Planning for Business Owners
/in Blog, Business Owners, Estate Planning, Family, life insurance/by Horizon FinancialWhat happens when the children grow up and they are no longer dependent on their parents? What happens to your other “baby”- the business? Estate planning for business owners deals with the personal and business assets.
TFSA versus RRSP – What you need to know to make the most of them in 2022
/in 2022, Blog, rrsp, Tax Free Savings Account/by Horizon FinancialTFSAs and RRSPs can be significant savings vehicles. To help you understand their differences, we have put together this article to compare:
– TFSA versus RRSP – Differences in deposits
– TFSA versus RRSP – Differences in withdrawals
Understanding the differences between these two types of tax-advantaged accounts can help you better plan for future purchases and your eventual retirement.